Totoshka
$2,500
Naïve Painting
$2,500
Untitled
$2,500
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Your Art Investment
When people look to
buy art work, especially as an art investment, they often get intimidated. Many think that to buy art work, you must have some form of specialized knowledge or spend a large sum of money. Well, the fact is that you don’t have to be an expert or very wealthy to buy your first art work and start your own collection of contemporary art. Art is not the kind of product that you can be talked into. Buying art is not like a buying a car or a computer, where most consumers do comparison shopping to check for value as well as quality. It is one of the few categories that is almost a totally emotional buy. You look at it, you like it or you don't. It is a mystery what contributes to a person's personal taste. There is very little a sales person can say or do to change that. However, being educated about the
artist and his career may influence your decision regarding a purchase, but, that is only effective after you have already made the selection of your choice. Here are some tips to get you started.
The Artist's Role within your Art Investment Strategy: The artist's background is important. This impacts the value of the piece. The artist’s training and art teachers, degrees completed, and other credentials are important., an artist's exhibition record (how often and where do they show their work?), and the sales or commercial record are also factors. A work of art by an established artist is worth more than a piece by a lesser known artist (a Van Gogh commands higher prices than a work by someone unknown.
Art Investment: Dead or living artist? A smart collector won’t get hung up on dead versus living artists. Simply consider the quality of the work and the fact that the contemporary art market is much more forgiving than the old guard.
Buy Art Work That Is Affordable.
You don’t have to spend a lot to buy art work that is of good quality – the
Internet is full of beautiful art that is affordable.
Buy art work of an artist who is already known and becoming popular on the second-hand market. Research the artist before you
buy art work. Peruse galleries featuring the artist. Increasing your knowledge and striving to buy art work that is reasonably priced is a good objective to begin your art investment.
Love Your Art. If you can look at a piece of art and say you love it – and know you will love it for years to come, then that piece is for you! This should be a primary consideration when you buy art work. Whether it becomes valuable or not, you’ll have art you will enjoy for years to come.
Become familiar with art. Find out what art you love by visiting galleries and art museums. Museums will give you an indication of the field; galleries will tell you what's going on in the world of art right now. Spend some time looking, learning and deciding what works for you as an art investment. You can buy art work to your heart’s content, once you learn what you like and what is valuable as an art investment.
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Landscape
$2,000
Philadelphia Naval Shipyard #138
$600
Happie Together
$1,420
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